KUALA LUMPUR: Tenaga Nasional Bhd
views the latest implementation of the Imbalance Cost Pass-Through (ICPT) mechanism between July 1 and Dec 31, 2023 as neutral to the group.
The execution will also not have any effect on its business operations and financial position, the utility giant said in a filing to Bursa Malaysia today.
The decision was made to address the additional generation costs resulting from higher fuel prices for eletricity supply between Jan 1 and June 30, 2023.
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